BNB Live Price Converter
BNB to EUR Calculator
Binance Coin (BNB) is a cryptocurrency that was created by the Binance crypto exchange and trading platform. The coin follows the ERC20 technical token standard and runs on the Ethereum blockchain.
Binance successfully raised $ 15 million through an ICO for BNB in July 2017. 10% of the total number of tokens (BNB 20 million) was offered to angel investors, 40% was given to the founding team (BNB 80 million), and the other half (BNB 100 million) was offered to users during the ICO.
Half of the ICO funds were allocated to branding and marketing, one-third to developing the Binance platform and ecosystem, and 15% was set aside for contingencies, as stated in Binance's whitepaper.
Binance's plan to repurchase and "burn" a portion of the token's 200 million circulating supply has had a major effect on the coin’s price. By burning BNB, Binance takes it out of circulation, raising the value of the remaining tokens.
Binance has promised to use 20% of its quarterly earnings to purchase back and destroy BNB until the quantity is reduced to 50% of its initial number (100 million BNB). In the interest of full disclosure, Binance posts all buybacks to the blockchain.
Bitsgap’s BNB converter is a good place to start watching the BNB market closely and following other crypto markets' live updates.
Real-time BNB Price Rates in EUR
BNB Price Information
BNB Live Data
The current BNB price is € 196.77, which is 2.61% change in the past 24 hours and -1.28% in the past 7 days. With a circulating supply of 0, BNB’s live market cap is € 30B. The 24-hour trading volume is € 400M.
The conversion rates are calculated using the Live BNB Price Index along with other digital asset price indices. The BNB/USD exchange rate is updated in real-time.
Follow Bitsgap’s cryptocurrency calculator for 24/7 live updates of the exchange rates between crypto and fiat currencies, including BTC, ETH, XRP, USDT and USD, EUR, GBP, BRL.
BNB Supported Exchanges
Binance coin (BNB) was created in 2017 by Changpeng Zhao, aka CZ, a seasoned trader and serial entrepreneur who, along with Binance, has founded Fusion Systems and OKCoin.
Launched in 2017, Binance is now the largest crypto exchange based on daily trading volume. Binance's mission is to make bitcoin trading a standard part of the worldwide financial system. The name "Binance" was chosen to represent the advent of "Binary Finance," a brand new way to trade currencies around the world.
Apart from being the biggest exchange, Binance has a wide ecosystem of apps and features. Blockchain technology is at the heart of the Binance network's many innovative projects, such as Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and Research. Many of Binance's side initiatives rely on BNB.